$1,395,000 - 618 Elm St, Shelbyville

Excellent commercial investment and development opportunity (includes 610, 618, 622 St and ADDITIONAL commercial lot) in rapidly growing Shelbyville! This expansive property offers over 23,800 square feet of versatile space, ample parking, and an additional lot providing valuable potential for future expansion. Situated in a high-traffic, highly visible location, the property is well positioned to benefit from continued growth in the surrounding community. Currently utilized as a daycare/office facility and gymnasium, the building offers a flexible multi-use layout suitable for a variety of business, institutional, recreational, or investment purposes. City utilities are available, and the property is secured for added peace of mind. The property currently generates over $10,500 in monthly gross income, providing immediate income-producing potential while offering room for future growth and redevelopment. Whether you're seeking an established commercial investment, an owner-user property, or a location with expansion potential, this property presents a rare opportunity in a growing Shelbyville market.-